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Local real estate group purchases Rio Rancho business park

The group, led by principals Brad Allen and Lance Sigmon, acquired Rio West Business Park at 103 Rio Rancho Blvd. NE for an undisclosed price. The property is a nearly 45,000-square-foot location across four buildings in Rio Rancho. The deal closed June 5, according to a news release.

“We are excited about this new project,” Allen said in a statement. “The property was very well maintained and managed by Jim and Ellen King. We…

Source: The Business Journal

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